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2020 (1) TMI 60 - ALLAHABAD HIGH COURTBail application - Modification of condition of security bonds - case of applicant is that he is the businessman but at present his accounts etc have been seized. Fixing sureties bonds of ₹ 2 Crores each is nothing but denial to release the applicant on bail because such sureties cannot be furnished by the applicant as the amount is too exorbitant - HELD THAT:- Though, matter involves huge amount of tax evasion as mentioned by court below but fixing extraordinary amount in sureties or imposing any onerous condition is virtually against the spirit of bail order and it may amount denial of bail. The application of the applicant is allowed and sureties amount or ₹ 2 Crores each as imposed is modified to ₹ 50 Lacs each to the satisfaction of the Magistrate concerned - application allowed.
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